answersLogoWhite

0

The burden of taxation in the Philippines is felt most acutely by low- and middle-income households, who often bear a disproportionate share of the tax burden due to regressive tax structures. While the government has made efforts to increase tax revenue through reforms like the Tax Reform for Acceleration and Inclusion (TRAIN) Law, concerns persist about the adequacy of public services and infrastructure in relation to tax contributions. Additionally, issues such as tax evasion and corruption further complicate the effectiveness of the tax system, leading to questions about equity and fairness. As a result, many Filipinos feel that the benefits derived from taxation do not proportionately reflect their contributions.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

What is the burden of taxation called?

The burden of taxation is often referred to as the "economic burden" or "tax burden." It represents the cost imposed on individuals and businesses due to taxes, which can affect their disposable income, spending, and investment decisions. This burden can be direct, through payments made, or indirect, through reduced economic activity resulting from taxation. Ultimately, it reflects the overall impact of taxes on the economy and individual financial well-being.


Is double taxation allowed in the Philippines?

yes.


What is the old taxation in the Philippines?

pablo baltazar


A meeting of representatives from nine colonies to discuss problems of unfair taxation?

Representatives from nine colonies met to discuss the problems of unfair taxation. This meeting was called the Stamp Act Congress.


What is the history of the land reform with taxation in the Philippines?

tang ina mo


What has the author Irving J Goffman written?

Irving J. Goffman has written: 'The burden of Canadian taxation'


Process of taxation here in the Philippines?

The process of taxation in the Philippines involves collecting taxes on the sale of products, income, and property. Each time it passes through a person or company's possession it is again taxed.


What is optimal commodity taxation?

it is the best and most efficient form of taxing commodities with least if not non tax burden


What are the Principles and theories of taxation?

Some principles of taxation include equity, efficiency, simplicity, and neutrality. Theories of taxation include the benefit principle, ability-to-pay principle, and the theory of tax incidence, which examines how the burden of the tax is distributed among different groups.


Discuss the phrase No taxation without representation?

Nobody should have to pay taxes if they cannot vote.


In french revolution which estate carried the heaviest burden of taxation?

The Third. The nobility were exempt from most taxes, the clergy from nearly all.


WHAT ARE THE CURRENT ISSUES ON TAXATION IN THE PHILIPPINES?

Current issues in taxation in the Philippines include concerns over tax compliance and evasion, which hinder government revenue collection. The implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) law has sparked debates about its impact on inflation and the burden on low-income households. Additionally, there are ongoing discussions about the digital economy's taxation, particularly regarding e-commerce and online services, as well as calls for a more equitable tax system to address income inequality. Lastly, the government's efforts to broaden the tax base face challenges due to resistance from certain sectors and complexities in tax administration.